Terracap Management LLC (Estero)

Name: Terracap Management LLC
Address: 23421 Walden Center Drive, Estero, FL, 34134
Telephone: 239-540-2002

Terracap Management LLC is a large advisory firm based in Estero. It manages $818.03 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Florida.

Terracap Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Terracap Management: assets under management

The assets under management (AUM) of Terracap Management LLC is $818.03 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 511% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $818.03 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $102.25 million each.

Terracap Management has custody of $818.03 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Terracap Management LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Terracap Management serves?

The only and largest group of clients of Terracap Management is pooled investment vehicles with 8 clients and $818.03 million of assets under management. Among the 10 most similar advisory firms, Terracap Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $818.03 million for 8 clients. None of the firm’s clients are foreign persons or businesses.

Terracap Management also advises several private funds. Namely, seven real estate funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $50,000 to $1,000,000.

Careers at Terracap Management LLC

The company employs 19 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Morrow Gray	Managing principal	1 Jan 2001	25% - 50%	2630220
Walter Stephen Hagenbuckle	Managing principal	1 Jun 2008	25% - 50%	6276097
Michael Ray Davis	Managing director	1 Jun 2008	Other	6276108
Susana Alvarez Paul	Chief compliance officer	1 Apr 2011	Other	6276285
Kaitlyn Dawn Arnold	Chief compliance officer	1 Mar 2014	Other	6318083
Steven Matthew Harper	Chief compliance officer	1 Jul 2016	Other	6684194

Based in Estero

The principal office where Terracap Management LLC performs its advisory services is located at 23421 Walden Center Drive, Estero, FL 34134, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 239-540-2002 or by fax 239-321-6564. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at terracapmgmt.com and its LinkedIn profile.